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Nigeria bonds further plummet as S&P Global begins review
Sopuruchi Onwuka As another credit rating agency focuses on Nigeria, the country’s sovereign bonds value took a slip at the weekend as the impact of Moody’s negative rating continues to shake investors’ confidence. Market intelligence services indicated at the weekend…
NLNG, LCCI promote sustainable food security in Nigeria
Nigeria LNG Limited (NLNG), in partnership with the Lagos Chamber of Commerce and Industry (LCCI), on Wednesday presented the joint-winning works of The Nigeria Prize for Science (2022) to industry players in an effort to push agricultural innovations that can…
NCDMB boss receives Leadership Local Content Award
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote on Tuesday received the Leadership Local Content Champion of the Year Award at the 14th Leadership Conference and Awards held at the International Conference…
NCDMB pledges sustained African local content devpt
The Nigerian Content Development and Monitoring Board (NCDMB) is ever ready to support other African nations in developing and implementing local content policies as a strategy for improving indigenous participation and value optimization from hydrocarbons and mineral resources. The Executive…
Wabote emerges Leadership Local Content Champion of the Year
NCI Fund the most performing funding scheme The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has been selected as the recipient of the Leadership Local Content Champion of the Year Award by…
Cash crunch stalls transactions, fuel breaches as banks
Sopuruchi Onwuka Glitches in the phase out of old currency notes in the Nigerian markets have led to acute cash shortages, transaction failures and worsening hunger across cities; forcing desperate customers to breach security rules as they demand access to…
Fossil to account for 20% of energy mix by 2050
Sopuruchi Onwuka The highly credible BP energy outlook holds that the world will displace some 60 percent of fossil fuels with greener renewable energy in the next 28 years as the prevailing energy transition continues to gather momentum in response…
How WIEN expands African battlefields for gender equity
Sopuruchi Onwuka The global war for gender equity is growing widened battlefields in Africa where female stalwarts are stepping forward with powerful programmes and advocacies that deliver statements on the determination of women and girls to unleash bottled up potentials…
Moody’s gloom rating hits Nigeria’s bonds
The downgrade of Nigeria’s economy by international rating agency, Moody’s, has started taking immediate tolls on the country’s debt instruments in the international money market as the report highlights increasing risks associated with the nation’s gloomy financial system. Moody’s Investors…
Addax finally acquires Knock Adoon FPSO after protracted lease
Sopuruchi Onwuka Nigerian based independent petroleum exploration and production company, Addax, as finally taken ownership of the main production vessel which has been pumping and processing oil and gs from operated mining license offshore Niger Delta. The acquisition of the…
